Common use of New Instruments Clause in Contracts

New Instruments. Within 30 days of the return of a New Instrument in accordance with paragraph 1, the Renter may apply up to 24 Monthly Rental Payments (not including the insurance, maintenance fees and tax) to the rental or purchase of one new band or orchestra instrument of equal or greater value. This credit is available for those payments made on a continuous and timely basis.

Appears in 2 contracts

Sources: Rental Agreement, Rental Agreement

New Instruments. Within 30 days of the return of a New Instrument in accordance with paragraph 1, the Renter may apply up to 24 the Monthly Rental Payments Payment (not including the insuranceloss and damage waiver fee, maintenance fees and tax) to the rental or purchase of one new band or orchestra instrument of equal or greater value. This The credit is available for those shall not exceed 12 consecutive payments of monthly rental fees made on a continuous and timely basis. Credit not used will be forfeited.

Appears in 1 contract

Sources: Rental Agreement